Updated Duplex with Detached
For Sale
$589,900
5445 N Magnet Avenue Chicago, Chicago, IL 60630
Two-story income property with renovated systems, a detached garage, finished basement space, and MULTI zoning.
Property SizeContact for details
Days on Market55
Property Features for 5445 N Magnet Avenue Chicago
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Two to Four Units
Zoning
MULTI
Net Operating Income
$45,696
Financials
Cap Rate
7.74%
Gross Income
$58,140
Units
Unit Mix
1st floor: 2BR, 2nd floor: 2BR, basement: 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,240
Amenities
yard
Finished,Full
Enclosed Porch
3
6
Public
2
30 X 125
0.08
No
Ceiling Fan(s)
Yes,Garage Owned,Detached,Garage
Concrete Perimeter
Building Details
Year Built
1921
Buildings
1
Listing Agency:
(847) 558-6808
Listed By:
Krystel Gonzalez · License #475185100
(847) 558-6808
Source:
Remaxadream
Added: Jul 9
Changed: Aug 29
Last Checked: Aug 30 at 1:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Krystel Gonzalez
Investment Insights
Based on property information with market context.
This updated duplex in Chicago includes two primary apartments, each with two bedrooms, plus an additional non-conforming basement apartment with four rooms and two bedrooms. The first floor also has a tandem bedroom. Electrical, plumbing, and HVAC systems were updated approximately 8 years ago, with additional improvements to select kitchens and bathrooms. The property includes a finished basement, enclosed porch, yard, and detached 2-car garage.
Located at 5445 N Magnet Avenue, the property is identified as MULTI zoning and was built in 1921. The detached garage is separately rented, and the garden apartment includes utilities as part of its occupancy arrangement. The lot measures 30 X 125 and contains approximately 0.08 acres.
Located at 5445 N Magnet Avenue, the property is identified as MULTI zoning and was built in 1921. The detached garage is separately rented, and the garden apartment includes utilities as part of its occupancy arrangement. The lot measures 30 X 125 and contains approximately 0.08 acres.
Key Highlights
- Two primary apartments with 2 bedrooms on the first and second floors
- Non‑conforming basement apartment with 4 rooms and 2 bedrooms
- Electrical, plumbing, and HVAC updated approximately 8 years ago
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 60630, IL
54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story income property with renovated systems, a detached garage, finished basement space, and MULTI zoning.
Where is this duplex located?
The property is located at 5445 N Magnet Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Two primary apartments with 2 bedrooms on the first and second floors; Non‑conforming basement apartment with 4 rooms and 2 bedrooms; Electrical, plumbing, and HVAC updated approximately 8 years ago
